>> what john boehner said, and i interviewed mitch mcconnell the house minority leader in the senate on this and basically their position right now is we will agree he to raise some revenues, we'll do some closing of the loopholes in the tax system, but we're not going to agree to raising tax rates because we think it hurts the economy, it hurts business and it increases unemployment at a time when the economy is still sort of flat on its back, that's why these two sides are still pretty far apart because as you know, last week the president said i will not sign any bill that extends these tax rate reductions for another year for the rich. right now they're gridlocked, that's all there is to it. this is a classic stalemate between the two parties, i think they will probably reach an agreement, but i wouldn't be surprised if that didn't happen until the day before christmas. >> dave: i'm guessing one year extension. and let's hold on to the fact that the democrats say no, we need to raise rights not eliminate deductions and write-offs. why stick to that essentially the same type of mo